5 Best Falling Stocks To Buy Now

In this piece, we will take a look at the five best falling stocks to buy now. If you want to learn more about what’s happening in the stock market right now, then check out 15 Best Falling Stocks To Buy Now.

5. uniQure N.V. (NASDAQ:QURE)

Year To Date Share Price Losses: 67.49%

Number of Hedge Fund Investors In Q3 2023: 26

uniQure N.V. (NASDAQ:QURE) is a Dutch biotechnology company developing treatments for epilepsy, sclerosis, and other serious diseases. Even though the firm has missed analyst EPS estimates in three of its four latest quarters, analysts have rated the stock as Strong Buy on average.

During Q3 2023, 26 out of the 910 hedge funds covered by Insider Monkey’s research were uniQure N.V. (NASDAQ:QURE)’s shareholders. Wilmot B. Harkey and Daniel Mack’s Nantahala Capital Management was the biggest investor among these due to its $20.2 million stake.

4. SolarEdge Technologies, Inc. (NASDAQ:SEDG)

Year To Date Share Price Losses: 70.71%

Number of Hedge Fund Investors In Q3 2023: 27

SolarEdge Technologies, Inc. (NASDAQ:SEDG) is an Israeli solar company headquartered in Herzliya, Israel. It sells power management and associated systems for solar systems. December is a crucial month for the stock as it will be deleted from the S&P 500 index and relegated to the S&P 600 SmallCap Index instead.

For their third quarter of 2023 shareholdings, 27 out of the 910 hedge funds surveyed by Insider Monkey had invested in the company. SolarEdge Technologies, Inc. (NASDAQ:SEDG)’s largest hedge fund shareholder is Ian Simm’s Impax Asset Management as it owns $121 million worth of shares.

3. Farfetch Limited (NYSE:FTCH)

Year To Date Share Price Losses: 70.75%

Number of Hedge Fund Investors In Q3 2023: 27

Farfetch Limited (NYSE:FTCH) is a British luxury fashion retailer headquartered in London, the United Kingdom. The company is going through a rather interesting time right now, as amidst rumors that it considering going private, Farfetch Limited (NYSE:FTCH) announced in November 2023 that it will not release financials for the third quarter and that previous forecasts were invalid.

After digging through 910 hedge funds for this year’s September quarter, Insider Monkey found that 27 had bought Farfetch Limited (NYSE:FTCH)’s shares. Steve Cohen’s Point72 Asset Management was the biggest investor among these courtesy of its $26.5 million investment.

2. DISH Network Corporation (NASDAQ:DISH)

Year To Date Share Price Losses: 70.75%

Number of Hedge Fund Investors In Q3 2023: 32

DISH Network Corporation (NASDAQ:DISH) is an iconic American brand known for its satellite networks. Its shares were decimated in November 2023 after a Q3 loss sent the stock to levels last seen in 1998 aided by a 26 cent loss that stunned analyst estimates of a six cent loss.

Insider Monkey scoured through 910 hedge fund holdings for 2023’s second quarter and found that 32 were the firm’s shareholders. DISH Network Corporation (NASDAQ:DISH)’s largest hedge fund shareholder in our database is Paul Marshall and Ian Wace’s Marshall Wace LLP as it owns 9.2 million shares that are worth $53.9 million.

1. Travere Therapeutics, Inc. (NASDAQ:TVTX)

Year To Date Share Price Losses: 69.55%

Number of Hedge Fund Investors In Q3 2023: 37

Travere Therapeutics, Inc. (NASDAQ:TVTX) is a biotechnology company headquartered in San Diego, California. December is proving to be a crucial month for the stock as the Food and Drug Administration (FDA) met with it following which Travere Therapeutics, Inc. (NASDAQ:TVTX) announced that it will submit an application for full approval of its neuropathy drug.

During Q3 2023, 37 out of the 910 hedge funds tracked by Insider Monkey had invested in Travere Therapeutics, Inc. (NASDAQ:TVTX).

Disclosure: None. You can also take a look at 20 Most Valuable Media Companies In The World and Bill Gates’ 10 Stock Picks with Huge Upside Potential.

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